Charles Schwab Foundation Donates $750K in ‘Season of Giving’ Grants As Employees Pack 500K-Plus Food Bank Meals

Westlake-based Charles Schwab is making the holidays a little brighter for families in need, with more than 3,200 employees across the country volunteering to pack more than half a million nutritious meals to be distributed within their local communities. The Charles Schwab Foundation granted a further $750,000 to local food banks and nonprofits, "addressing a critical need this holiday season."

The holidays are fast approaching, and Westlake-based Charles Schwab has been marking them with its annual “Season of Giving” program in a one-two impact effort.

Schwab’s Rick Wurster

First, more than 3,200 Schwab employees across the country volunteered to pack more than half a million nutritious meals to be distributed within their local communities. The employees also collected food, toys, and other goods to support local families during the holiday season, the company announced this week.

And in recognition that hunger relief extends far beyond the holidays, the Charles Schwab Foundation granted $750,000 to local food banks and nonprofits focused on food insecurity in 14 communities where most Schwab employees live and work, the company added.

“Schwab was built on a culture of service for our clients that extends to our local communities,” Rick Wurster, president of The Charles Schwab Corporation and president and chair of the Charles Schwab Foundation, said in a statement. “It’s because of that dedicated spirit of service from our employees across the country that we can help foster stronger communities by addressing a critical need this holiday season.”

Schwab partnered with Harvest Pack

To coordinate the packaged meal donations, Schwab partnered with St. Paul, Minnesota-based Harvest Pack, a leading humanitarian hunger relief nonprofit organization that addresses food insecurity by supporting volunteers in bringing meal-packing events to their local communities, the company said.

“One in ten Americans lives in a household with food insecurity,” said William McNally, executive director of Harvest Pack. “It’s a pervasive issue, and through the support of companies like Charles Schwab that are deeply invested in their local communities, we can make sure every family has a nutritious meal on the table.”

Schwab noted that its commitment to service is a year-round effort, with more than 11,000 employees volunteering this year alone. Over the last six weeks running up to the holidays, Schwab employees volunteered more than 4,250 hours to support 20 nonprofits, the company said.

Get on the list.
Dallas Innovates, every day.

Sign up to keep your eye on what’s new and next in Dallas-Fort Worth, every day.

One quick signup, and you’re done.  

R E A D   N E X T

  • Awarded to 101 community-based organizations across the state—including many in North Texas—the Blue Impact grants focus on health care access and target impacts of socio-economic and social determinants of health.

  • Revolution—which is based in Little Rock with corporate offices in Flower Mound and a manufacturing facility in Mesquite—says the introduction of clear food grade LLDPE PCR "will boost innovations in recycled packaging."

  • Westlake-based Schwab said that Schwab Advisor Services and The Family Wealth Alliance will deliver the collective capabilities of industrywide relationships, thought leadership resources, and connections—along with technology—to drive growth and success for professionals and organizations focused on ultra-high net worth clients.

  • The flexible pH sensor's small size—it's just 2 millimeters long and 10 millimeters wide—makes it possible to incorporate the sensor into current food packaging methods, such as plastic wrapping.

  • "Gifting is about more than passing down wealth—it's about passing down purpose." Susan Hirshman Director of Wealth Management Schwab Wealth Advisory and Schwab Center for Financial Research ...on the motivations behind high net worth gifting, via Schwab's latest HNW Client Pulse Survey. Despite market volatility and economic uncertainty in early 2025, high net worth investors aren't pulling back on their wealth transfer plans. That's according to Schwab's latest client pulse survey, which shows 51% of clients with at least $1 million in assets plan to gift some of their wealth this year. As Schwab's Susan Hirshman notes, it's not just…